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September/October

HSE&T Corner: Chevron develops software tool for conducting, evaluating well control-related drills, seeks to share it with wider industry

Well control, like safety, is too important to be leveraged as a competitive advantage. That’s why Chevron is planning to share with the wider industry a tool – called DrillPad – that the operator launched in 2015 to assist with the planning and tracking of well control drills. The software was developed as part of Chevron’s WellSafe assurance program...

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Drilling & Completion News

Talos Energy, along with its joint venture partners Premier Oil and Sierra Oil & Gas, has completed drilling operations on the Zama-1 exploration well in Block 7 offshore Mexico. The well reached a total depth of 13,840 ft. It is the first offshore exploration well drilled by the private sector in Mexico’s history...

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Brazil’s ANP looks to modern regulatory framework, dialogue with industry to support ongoing transformation of E&P market

Transparency, regulatory stability and open engagement with stakeholders are among key priorities for the National Agency of Petroleum, Natural Gas and Biofuels (ANP), said Décio Oddone, ANP Director-General. Mr Oddone, who assumed his current role in January 2017, is leading the Brazilian regulatory agency in aggressive efforts to modernize the country’s E&P framework and to attract more foreign investments. “We are living through a moment of change in Brazil,” Mr Oddone told DC. In particular, he said, the country’s oil and gas sector “is undergoing its largest transformation in decades.”...

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In Brazil, it’s two steps forward, one step back

Even as progress is made in opening the presalt and reducing local content requirements, new corruption charges embroil the president, threatening to slow ongoing reforms related to taxes, environmental licensing By Linda Hsieh, Managing Editor The near-term outlook for the Brazilian drilling market is bleak. As of August, there were only 29 offshore drilling rigs contracted to Petrobras – currently still the only operator with active offshore rigs in the country. That number compares with 36 offshore rigs last year, 52 in 2015 and 67 in 2014, said Liz Tysall, Senior Offshore Rig Analyst for consulting firm Rystad Energy. The near-term outlook for the Brazilian drilling market is bleak. As of August, there were only 29 offshore drilling rigs contracted ...

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Structured method to collecting equipment data drives consistency in failure reporting, robust analyses

Equipment data is instrumental to understanding equipment reliability and performance, which necessitates developing robust solutions through root cause analyses (RCA) and effective corrective actions. The direct results are operation optimization and equipment reliability improvement. Drilling equipment reliability is the ability of the drilling equipment to perform its function within specified design parameters. By definition, equipment reliability directly affects operational efficiency and effectiveness, which affects the overall cost of ownership of a piece of equipment and the cost of drilling operations...

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